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A simple example of a turnkey contract can be undertaking activities

• 2022-09-23
• VS Designo

In such contracts, the responsibility of a contractor is limited to the point the project is in the process of being fully equipped and operational. Turnkey contracts are highly specialised in nature. In general, there are three types of businesses that partake in such projects. They deal in the manufacturing of engineering equipment, construction and consulting. A simple example of a turnkey contract can be undertaking activities such as building ventures such as the construction of airports, office buildings, malls, skyscrapers, etc. The parties involved in a turnkey contract work in accordance with the terms and conditions agreed upon between both the parties. Turnkey contractor in Chandkheda are also there to help you in this out. There are three types of enterprises that take part in turnkey business activities. They are as listed below:

1. Manufacturers of engineering equipment;

2. Construction companies; 

3. Consulting firms.